Birdwatch Note Rating
2022-11-02 05:35:46 UTC - HELPFUL
Rated by Participant: 88C4B73CC6B7E60BFC72B751F7003B6354A1A8373BD29982F8DC0DE071CFFF25
Participant Details
Original Note:
Seniors will receive a large Social Security benefit increase due to the annual cost of living adjustment, which is based on the inflation rate. President Nixon in 1972 signed into law automatic benefit adjustments tied to the Consumer Price Index. Pub. L. No. 92-336 (1972). https://www.ssa.gov/history/1972amend.html
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